Key Client Fiduciary Advisors LLC Has $1.90 Million Holdings in First Trust Senior Loan ETF (NASDAQ:FTSL)

Key Client Fiduciary Advisors LLC raised its stake in shares of First Trust Senior Loan ETF (NASDAQ:FTSL) by 86.7% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 41,589 shares of the company’s stock after purchasing an additional 19,309 shares during the period. First Trust Senior Loan ETF accounts for approximately 0.9% of Key Client Fiduciary Advisors LLC’s investment portfolio, making the stock its 20th biggest position. Key Client Fiduciary Advisors LLC owned approximately 0.08% of First Trust Senior Loan ETF worth $1,901,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Principal Securities Inc. bought a new stake in First Trust Senior Loan ETF in the fourth quarter valued at approximately $522,000. Axxcess Wealth Management LLC lifted its holdings in First Trust Senior Loan ETF by 8.7% in the fourth quarter. Axxcess Wealth Management LLC now owns 153,025 shares of the company’s stock valued at $7,050,000 after buying an additional 12,203 shares during the period. PCG Wealth Advisors LLC boosted its position in First Trust Senior Loan ETF by 5.9% during the fourth quarter. PCG Wealth Advisors LLC now owns 33,610 shares of the company’s stock valued at $1,548,000 after acquiring an additional 1,874 shares during the last quarter. Avantax Advisory Services Inc. grew its holdings in First Trust Senior Loan ETF by 54.7% during the 4th quarter. Avantax Advisory Services Inc. now owns 75,493 shares of the company’s stock worth $3,478,000 after acquiring an additional 26,692 shares during the period. Finally, Fiduciary Trust Co acquired a new position in shares of First Trust Senior Loan ETF in the 4th quarter valued at about $2,366,000.

First Trust Senior Loan ETF Trading Up 0.1 %

NASDAQ FTSL traded up $0.03 during trading hours on Wednesday, hitting $45.91. 327,410 shares of the company’s stock were exchanged, compared to its average volume of 287,530. First Trust Senior Loan ETF has a 1-year low of $45.01 and a 1-year high of $46.99. The stock has a 50-day simple moving average of $45.96 and a 200 day simple moving average of $46.07.

First Trust Senior Loan ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, June 28th. Stockholders of record on Thursday, June 27th were paid a $0.2875 dividend. The ex-dividend date of this dividend was Thursday, June 27th.

First Trust Senior Loan ETF Profile

The First Trust Senior Loan Fund (FTSL) is an exchange-traded fund that is based on the S&P\u002FLSTA U.S. Leveraged Loan 100 index. The fund holds senior floating rate bank loans from firms around the globe. The actively managed fund can hold up to 20% of assets in non-senior loans, including high-yield bonds and equities.